Packaging Corp of America
349 hedge funds and large institutions have $6.27B invested in Packaging Corp of America in 2014 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 132 increasing their positions, 144 reducing their positions, and 58 closing their positions.
12% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $18.3M
2% more capital invested
Capital invested by funds: $6.15B → $6.27B (+$125M)
0% less ownership
Funds ownership: 89.13% → 89.12% (-0%)
8% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 144
7% less funds holding
Funds holding: 374 → 349 (-25)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
40% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 58
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$121M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$71.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$55.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$44.6M |
| 5 |
Millennium Management
New York
|
+$32.2M |
Top Sellers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$66.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$63.2M |
| 3 |
Bank of New York Mellon
New York
|
-$49.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$36.1M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$28.7M |
PKG Hedge Fund Activity: Q2 2014 in Review
349 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q2 2014, worth a combined $6.27B — up 2% from $6.15B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of PKG and 35 opened new positions — a net loss of 23 holders — while 144 trimmed existing stakes and 132 added.
The largest buyer was Fidelity Investments, adding an estimated $121M. The largest seller was Vanguard Group, cutting an estimated $66.5M.
- 349 institutional investors held Packaging Corp of America (PKG) as of Q2 2014, down from 374 in Q1 2014.
- Funds reported $6.27B of Packaging Corp of America stock for Q2 2014, up 2% quarter-over-quarter.
- 35 funds opened new Packaging Corp of America positions in Q2 2014 and 58 closed out, a net change of -23 holders.
- The largest Packaging Corp of America buyer in Q2 2014 was Fidelity Investments, an estimated $121M added.
- The largest Packaging Corp of America seller in Q2 2014 was Vanguard Group, an estimated $66.5M sold.
Based on aggregated 13F filings for Q2 2014.